A股指数跟踪：商贸零售上升至93.16%分位，非银金融至0.68%分位

Market Overview - A-shares experienced a mixed performance today, with the Shanghai Composite Index down by 0.23%, the Shenzhen Component Index up by 0.29%, and the ChiNext Index down by 0.02% [1] - The total trading volume of A-shares was 1.78 trillion yuan, a decrease of approximately 125.45 billion yuan compared to the previous trading day, indicating continued consolidation with reduced trading volume [1] - The net outflow of major funds from the market amounted to 33.568 billion yuan [1] Index Valuation - The overall valuation metrics for major indices as of December 10, 2025, are as follows: - CSI All Share Index: PE ratio of 20.47, PB ratio of 1.61 [1] - The risk-free rate is represented by the yield on China's 10-year government bonds at 1.86% [1] Major Index Valuations - Key valuations for major indices include: - Sci-Tech Innovation 50: PE of 152.29, PB of 6.04 [1] - CSI 500: PE of 32.12, PB of 2.12 [1] - CSI 300: PE of 13.33, PB of 1.28 [1] - ChiNext Index: PE of 40.88, PB of 5.25 [1] Industry Index Valuations - Valuations for major industry indices are as follows: - Retail: PE of 110.74, PB of 2.00 [2] - Computer: PE of 206.37, PB of 4.48 [2] - Defense: PE of 131.84, PB of 3.75 [2] - Banking: PE of 8.92, PB of 0.76 [2] - Real Estate: PE of 59.59, PB of 0.87 [2]